Saudi Shipper Bahri Names Omar as CEO
The National Shipping Company of Saudi Arabia (Bahri) has named Ibrahim Abdulrahman al-Omar as its chief executive, effective on Oct. 1, a bourse filing said on Wednesday. Omar has worked in several senior positions at firms including Saudi Telecom and its affiliate Viva Bahrain, the statement added. He replaces Mohammad Omair al-Otaibi, who was appointed acting CEO last month after the departure of Saleh bin Nasser al-Jasser at the end of July.
Hearing: 'The Status of the Merchant Marine'
Chairman Duncan Hunter (R-Calif.) and the Subcommittee on Coast Guard and Maritime Transportation are scheduled to hold a hearing today on “The Status of the Merchant Marine”.
Netherlands Maritime Technology Association Launched
The Netherlands Maritime Technology association has been officially launched on the international stage during the Holland Day at SMM on September 9. Sjef van Dooremalen, Chairman of Netherlands Maritime Technology, unveiled the new name onboard the LCF Zr. Ms. Evertsen in Hamburg to an audience of 250 guests. A new promo video about the Dutch maritime technological sector was also shown. On a national level…
Seakeeper Launches Smaller, More Powerful Gyros
After developing what it calls the most effective zero-speed anti-rolling devices ever made, Seakeeper said it forever changed the experience of boating. Within a decade, the company claimed a position as a global leader in active gyroscopic stabilization technology. Now, it introduces the Seakeeper 5, 9, 16, 26 and 35 models. These gyros are smaller and more powerful than ever. To date, over 1,700 Seakeeper gyros have been delivered, installed on every major boat brand in the world.
ChartCo Debuts Improved Navigation Data Software
ChartCo, a division of Kelvin Hughes, recently announced the release of a new version of its PassageManager data management software. This latest release - PassageManager 5.1 - will be on display at SMM and incorporates a number of new features and improvements. NavArea Warnings for all 21 areas are now presented graphically on a map and users can manage and monitor new, in-force and cancelled warnings via the NavArea Manager module.
ZF Extends Range of Hybrid-ready Transmissions
ZF Marine Friedrichshafen AG, the marine propulsion systems division of the ZF Group introduced the ZF 3300 PTI transmission at SMM 2014. With the launch of the ZF 3300 PTI, ZF Marine Propulsion Systems expands its product offering in it hybrid-ready product portfolio. Designed to be powered through standard diesel engine input, or via alternate power source through a Power Take In (PTI), this new…
ClassNK Expands Joint Research in Europe
Classification society ClassNK announced that it will join a new European Joint R&D project to ensure bulk carrier safety. The project, called LiquefAction, aims to better understand the physical properties of cargo liquefaction in order to prevent bulk carrier casualties and is being carried out by a consortium of Europe’s top research institutions, including Germany’s Hamburgische Schiffbau-Versuchsanstalt (HSVA) and Hamburg University of Technology (TUHH)…
Offshore Oil Drilling Market to Suffer through 2015
A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday. Rig rates have fallen sharply over the past 18 months as oil companies cut capital spending, saving cash for dividends, just as dozens of brand new offshore rigs ordered during the boom times hit the seas, creating overcapacity.
New Clues Discovered in Australian AE1 Search
The Australian Defense Force (ADF) confirmed that a number of contacts of interest were discovered during the search for lost 1914 submarine AE1 by HMAS Yarra in the Duke of York Islands, Papua New Guinea. The contacts were located during the search for HMAS AE1 conducted between September 6-9. According to the ADF, a number of contacts were able to be classified as natural objects; however, one contact remains unidentified and will require further investigation.
Great Lakes Coal Down 18% in August
Coal shipments on the Great Lakes totaled 2.6 million tons in August, a decrease of 18 percent compared to a year ago. Loadings also trailed the month’s long-term average by nearly 19 percent. Shipments from Lake Superior ports totaled 1,542,703 tons, a decrease of 28 percent compared to a year ago, and a drop of 20 percent compared to the month’s long-term average. Loadings on Lake Michigan totaled 196…
Damen Launches First PSV 3300 for PROMAR
Offshore ship manager PROMAR recently marked a milestone with the sideways launch into the Danube of the first of its two Damen PSV 3300s on order. On delivery in February 2015, the Swiss company believes the 80-metre Mamola Reliance will give them a valuable competitive edge in the West African oil and gas market. On September 4, Damen Shipyards Galati launched the PSV 3300 Mamola Reliance at an official ceremony at the yard in Romania.
Eco Marine Power Short-Listed for Ship Efficiency Awards
Eco Marine Power is pleased to announce that it has been named as a finalist in two categories of the inaugural Ship Efficiency Awards 2014. The Ship Efficiency Awards 2014…
Transas Launches a Versatile T-Bridge
Transas Marine has expanded its extensive product portfolio with the launch of the T-Bridge, the most advanced integrated navigation system where professional bridge equipment meets aviation…
USCG Rescues Boater Near Fairport Harbor, Ohio
The Coast Guard rescued a man from a boat taking on water near Fairport Harbor, Ohio, Tuesday afternoon. The name of the boater is not being released, and there is no Coast Guard imagery.
Support for Indian Shipbuilding Industry : Exim Bank Study
The development of a successful shipbuilding sector has been pivotal to the rapid and robust economic development in most countries in the world with long coastal boundaries.
CAT Unveils Uprated C175 Marine Engine at SMM
Caterpillar Marine says it is due to unveil new power ratings for the Cat C175 propulsion engine for commercial vessels at the 2014 SMM Exhibition, currently underway in Hamburg, Germany.
ABS to Class LNG-fueled Nordic Hamburg Containerships
Leading provider of classification services to the maritime and offshore industries, ABB, says it has been chosen to class two LNG-fueled containerships to be built…
Elusive Franklin Expedition Ship Found at Last
After more than 160 years of searching to understand the fate of English explorer Sir John Franklin’s fabled arctic voyage, Prime Minister Stephen Harper announced…
Pariah Containership Detained in NZ
The troubled German-owned, Liberia-flagged containership 'Vega Auriga', which was last week banned by Australia from entering its ports for three months, has now arrived in New Zealand…
Brent Crude Hits 16-month Low Under US$99
Brent crude dropped to a 16-month low under $99 per barrel on Wednesday, stretching its losses into a fifth session amid continued worries about rising supplies and weak global demand.
